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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Coventry, CT
$ 249,000
ROI
28.6
Cash Flow/m
615- 2 Bed
- 2 Bath
- 1582 sft
745 Merrow Road APT 157, Coventry, CT, 06238
$ 247,000
ROI
29.6Cash Flow/m
678- 2 Bed
- 2 Bath
- 1650 sft
745 Merrow Road APT 113, Coventry, CT, 06238
$ 245,000
ROI
30.4Cash Flow/m
726- 2 Bed
- 2 Bath
- 1320 sft
745 Merrow Road APT 159, Coventry, CT, 06238
$ 219,000
ROI
39.0Cash Flow/m
1172- 2 Bed
- 2 Bath
- 1628 sft
745 Merrow Rd APT 142, Coventry, CT, 06238
Why Invest in Coventry, Connecticut?
Investing in Coventry, CT, particularly in condos, offers a unique opportunity to capitalize on the growing demand for affordable housing options in the region. With an average rental yield of 6.5% and a cap rate of 5.2%, the potential for excellent returns is supported by a stable workforce and steady appreciation in property values over the years.
8%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$150/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for condos in Coventry is approximately $1,800 per month, making it an attractive option for renters seeking affordability.
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